Form 1099-DIV

Form 1099-DIV is sent to most non-retirement account owners who received a taxable dividend, exempt-interest dividend or capital gain distribution. The information that may be included on the form:

  • Total Ordinary Dividends
  • Qualified Dividends
  • Total Capital Gain Distributions
  • Unrecaptured Section 1250 Gain
  • Collectibles (28%) Gain
  • Nondividend Distributions
  • Federal Income Tax Withheld
  • Section 199A Dividends
  • Foreign Tax Paid
  • Cash Liquidation Distributions
  • Noncash Liquidation Distributions
  • Exempt-Interest Dividends
  • Specified Private Activity Bond Interest
FAQ

Form 1099-B

Form 1099-B is sent to most non-retirement account owners who sold and/or exchanged shares of a fund (other than a money market fund). The information that may be included on the form:

  • Description of Property
  • Date Acquired
  • Date Sold or Disposed
  • Net Proceeds
  • Cost or Other Basis
  • Wash Sale Loss Disallowed
  • Federal Income Tax Withheld
  • Noncovered Security
  • Cost Basis Method
  • Gain/(Loss)
FAQ

Form 1099-R

Form 1099-R is sent to most retirement account owners who took a distribution from their account. The information that may be included on the form:

  • Gross Distribution
  • Taxable Amount
  • Taxable Amount Not Determined
  • Total Distribution
  • Federal Income Tax Withheld
  • Totals Per Distribution Code by State
  • Distribution Code
  • State Tax Withheld
  • State/Payer’s State Number
FAQ

Form 1099-Q

Form 1099-Q is sent to most Coverdell ESA and Invest Ed 529 account owners who took a distribution from their account, including trustee-to-trustee transfers. The information that may be included on the form:

  • Gross Distribution
  • Earnings
  • Basis
  • Trustee-to-Trustee Transfer
  • Type of Account
  • Recipient is not the Designated Beneficiary
  • Fair Market Value as of 12-31
FAQ

Form 592-B

Form 592-B is sent to most account owners who reside in the state of California and had state backup withholding. The information that may be included on the form:

  • Type of Income Subject to Withholding
  • Total Income Subject to Withholding
  • Total California Tax Withheld (excludes backup withholding)
  • Total Backup Withholding

Form 1042-S

Form 1042-S is sent to most nonresident aliens and eligible foreign entities who have received income and have valid tax documentation of foreign tax status on file. The information that may be included on the form:

  • Income Code
  • Gross Income
  • Chapter Indicator, Exemption Code and Tax Rate
  • Federal Tax Withheld
  • Total Withholding Credit

Form 5498-ESA

Form 5498-ESA is sent to most Coverdell ESA account owners who made contributions to their accounts, including trustee-to-trustee transfers. The information that may be included on the form:

  • Coverdell ESA Contributions
  • Rollover Contributions (including trustee-to-trustee transfers)
FAQ

Form 5498

Form 5498 is sent to Traditional, Roth, SEP and Simple IRA owners who made contributions to their accounts. The information that may be included on the form:

  • Contributions to a Traditional, Roth, SEP and/or Simple IRA
  • Rollover Contributions
  • Roth IRA Conversions
  • Recharacterized Contributions
  • Fair Market Value as of 12-31
  • Type of IRA
FAQ